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Multinational cigarette makers accused of creating misunderstanding about FED hike

ISLAMABAD: Capital Calling, a network of academic researchers and professionals, has stated that the government is...

Published 24 Aug, 2023 06:22am

Business & Finance

Sale of cigarettes below minimum price: PTC clarifies FBR’s enforcement action does not pertain to its operations

ISLAMABAD: The Pakistan Tobacco Company Limited (PTC) on Wednesday categorically clarified that the Federal Board of...

Published 24 Aug, 2023 06:22am

Business & Finance

Call for curbing illegal cigarette manufacturing

LAHORE: The illicit cigarette trade not only burdens the national treasury but also poses a significant hindrance to...

Published 23 Aug, 2023 05:50am

Business & Finance

650 cartons impounded: FBR initiates crackdown on mispricing of cigarettes

KARACHI: The Federal Board of Revenue (FBR) has launched a crackdown on mispricing of cigarettes and has impounded...

Published 23 Aug, 2023 05:50am

Share of smuggled cigarettes further increases: Documented sector demands govt take action

Pakistan Tobacco Company (PTC) apprehends that the market share of the illicit tobacco sector would further cross 53 percent in the next quarter of 2023-24

Updated 21 Aug, 2023 09:58am

Pakistan

E-cigarettes can help people quit smoking easily: experts

ISLAMABAD: Experts suggested that the e-cigarettes are effective in helping people to stop smoking, as they are less...

Published 24 Jul, 2023 06:11am

Pakistan

‘Illicit cigarette manufacturers exploit export quotas, evade advance tax’

LAHORE: The so-called companies manufacturing illegal brands of cigarettes are evading taxes at the retail level and...

Published 20 Jul, 2023 03:12am

Business & Finance

Cigarettes: Rs364bn can be generated by maintaining enhanced FED slabs

Islamabad: The government can generate around Rs 364 billion from the tobacco sector in 2023-24 by maintaining the...

Published 21 Jun, 2023 05:21am

Pakistan

Customs seizes Rs303m smuggled cigarettes

KARACHI: Customs Intelligence has seized smuggled cigarettes worth Rs303 million during a ten-day nationwide...

Published 20 Jun, 2023 03:16am

Business & Finance

Multinational cos propose 30pc cut in FED on cigarettes

ISLAMABAD: A multinational cigarette manufacturing company has approached the government to reduce the Federal ...

Published 20 Jun, 2023 03:16am

Pakistan

Customs seizes smuggled cigarettes worth Rs303m

KARACHI: Customs Intelligence on Friday claimed to have seized smuggled cigarettes worth Rs. 303 million during a...

Published 17 Jun, 2023 06:13am

Pakistan

Quetta Customs seizes smuggled cigarettes worth Rs102.05m

KARACHI: In a major operation targeting the rampant smuggling of cigarettes, the Customs Enforcement Quetta carried...

Published 13 Jun, 2023 06:00am

Business & Finance

Smuggling of cigarettes: FBR receives praise from health activists/advocates

ISLAMABAD: In a commendable display of efficiency, the Federal Board of Revenue (FBR) Thursday received praise from...

Published 09 Jun, 2023 06:20am

Business & Finance

Philip Morris boss campaigns to sell more heated tobacco

LONDON: US tobacco giant Philip Morris International is fighting to get Britain, France and other countries to make...

Published 27 May, 2023 06:09am

Business & Finance

FED on cigarettes: health activists for further hike

ISLAMABAD: Health activists and civil society organisations have demanded of the government to further increase ...

Published 21 May, 2023 04:00am

Business & Finance

Cigarettes: FBR generates additional Rs11.3bn under FED

ISLAMABAD: The Federal Board of Revenue (FBR) has so far generated an additional amount of Rs11.3 billion under the...

Published 18 May, 2023 06:10am

Business & Finance

Pakistan selling cheapest cigarettes in region: Study

ISLAMABAD: Pakistan is selling cheapest cigarettes in the region, revealed a research study on Thursday. For...

Updated 05 May, 2023 07:06am

Business & Finance

Higher taxes ‘most effective’ tool to curtail tobacco consumption: PIDE study

ISLAMABAD: A study conducted by the Pakistan Institute of Development Economics (PIDE) has confirmed that the...

Published 22 Apr, 2023 03:38am

Pakistan

Huge rise in FED on cigarettes: govt urged to remain ‘steadfast’

ISLAMABAD: Health activists urged the government to remain steadfast on its major decision of doubling the Federal...

Published 14 Apr, 2023 05:59am

Pakistan

Experts hail govt’s decision to enhance tax rate on cigarettes

ISLAMABAD: The social activists and health experts Sunday highly appreciated government’s decision of higher...

Published 10 Apr, 2023 06:45am

Pakistan

Tobacco control bodies call for regulation of cigarettes’ sale

PESHAWAR: The Provincial Alliance for Sustainable Tobacco Control, Khyber Pakhtunkhwa has called for passage of...

Published 10 Apr, 2023 06:45am

Cigarette factories: PM orders installation of track-and-trace system

ISLAMABAD: Prime Minister Shehbaz Sharif has directed installation of the track and trace system in all cigarette...

Updated 05 Apr, 2023 08:50am

Pakistan

Labour unions, farmers welcome hike in FED on cigarettes

ISLAMABAD: Representatives of labour unions and farmers/growers appreciated the government for enhancing the Federal...

Published 04 Apr, 2023 03:24am

BR Research

Tobaccos: Another FED hike?

After seeing three FED hikes on cigarettes in a span of nine months to February 2023, the tobacco players are likely...

Published 03 Apr, 2023 09:05am

Pakistan

238 cartons of counterfeit cigarettes detained

ISLAMABAD: Directorate of Intelligence and Investigation Inland Revenue Islamabad has detained 238 cartons ...

Published 31 Mar, 2023 06:45am

BR Research

PMPK in CY22

Despite witnessing three FED rate hikes on cigarettes in less than a year, it may not all be up in smoke for the...

Published 27 Mar, 2023 08:45am

Pakistan

Illicit trade of cigarettes: AJK territory divided into two zones

ISLAMABAD: The government of Azad Jammu and Kashmir on Monday divided the AJK territory into two zones, namely North...

Published 21 Mar, 2023 06:29am

Pakistan

Increase in FED on cigarettes: Health activists satisfied with new govt measure

ISLAMABAD: Health activists Friday expressed satisfaction over signing of Finance (Supplementary) Act, 2023 by...

Published 25 Feb, 2023 06:23am

Business & Finance

Hike in FED on tobacco to hit govt’s revenue collection efforts

KARACHI: The recent increase in the Federal Excise Duty (FED) on the tobacco sector will lead to reduction in the...

Published 25 Feb, 2023 06:23am

BR Research

Cigarettes in CY22

Amid the economic gloom and doom, political chaos and associated uncertainties, Pakistanis appeared to have smoked...

Published 22 Feb, 2023 07:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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